SARASOTA, FL 34232 505 E LAKE DRIVE

Presented By: COLDWELL BANKER REALTY with 813-253-2444. - 813-253-2444
  • MLS# TB8435168
  • 10/10/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 2,000
  • Garage • 1

Home Details

Beautifully Updated Home in Highly Sought-After Sherwood Estates in Sarasota. This is a rare find. Welcome to 505 E Lake Dr, a stunning residence offering comfort, style and updated. The sellers have thoughtfully added numerous upgrades, including a whole-house automatic generator connected to an inground 280-gallon propane tank, a full water purification system, and a new water heater. Enjoy Florida living at its best with a screened pool enclosure featuring a brand-new screen, an above-ground whirlpool hot tub, and a new backyard firepit—perfect for relaxing or entertaining. Additional updates include new gates on both sides of the home. Inside, the spacious kitchen, living, and dining areas flow seamlessly together to create a bright, open great room ideal for gatherings. Conveniently located in central Sarasota close to shopping, dining, beaches, and A-rated schools, this home truly has it all. New roof (2020) Water heater (2024), well system (2024) Hot Tub (2025) Firepit (2025) Buyer responsible for verify all information. City or County may have restriction on short term rentals, buyer to verify. Professional photos coming Mon 10/13, showings to begin Tues 10/14
Presented By: COLDWELL BANKER REALTY with 813-253-2444. - 813-253-2444

Interior Features for 505 E LAKE DRIVE

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, luxury vinyl
Furnished Y/Nnegotiable
Heating Y/NYes
Interior Amenitieseating space in kitchen, living room/dining room combo, open floorplan, primary bedroom main floor, split bedroom, walk-in closet(s), window treatments
Laundry Featureslaundry closet
Window Featuresblinds

General for 505 E LAKE DRIVE

Additional Parcels Y/NNo
Appliancesdishwasher, disposal, dryer, ice maker, microwave, range, refrigerator, washer, water filtration system, water purifier
Architectural Styletraditional
Assoc Fee Paid Perannually
Association Namesuncoast premier realty services
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Community Featuresdeed restrictions
Construction Materialsblock, stucco
Coolingcentral air
Countysarasota
Directions175 to exit 210 fruitville rd head west towards sarasota (hwy 780) to mcintosh rd head south to n lake dr head east to e lake dr
Elementary Schoolfruitville elementary
Facing Directionwest
Flood Zone Codex
Flood Zone Code XY
Full Baths3
Garage Spaces1
Garage Y/NYes
HOAYes
HOA Fee$80
Heatingcentral, electric
High Schoolsarasota high
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlot 99 sherwood estates unit 3
Levelsone
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet15215
Lot Size Unitssquare feet
MLS Area34232 - sarasota/fruitville
Middle/Junior High Schoolmcintosh middle
Minimum Leaseno minimum
ModificationTimestamp2025-10-11t10:51:18.060z
Monthly HOA Amount6.67
New ConstructionNo
Occupancy Typeowner
Ownershipfee simple
Patio/Porch Featuresenclosed, front porch, patio, screened
Pets Allowedyes
Pool Featuresdeck, gunite, heated, in ground, screen enclosure
Possessionclose of escrow
Property Attached Y/NNo
Property Conditioncompleted
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerseptic tank
Spa Featuresabove ground, heated
Standard Statusactive
Statusactive
Subdivision Namesherwood estates 3
Tax Annual Amount6313
Tax Lot99
Tax Year2024
Total Rooms7
Utilitiescable connected, electricity connected, propane
Water Access Y/NNo
Water View Y/NNo
Year Built1962
Zoningrsf1

Exterior for 505 E LAKE DRIVE

Building Area Total2242
Covered Spaces1
Exterior Amenitiesirrigation system, rain gutters, sliding doors
Foundation Detailsblock, slab
Lot Featureslandscaped, level, oversized lot
Lot Size Acres0.35
Lot Size Area15215
Parking Featuresboat, driveway, garage door opener, workshop in garage
Private PoolYes
Road Frontage Typestreet paved
Road Surface Typepaved
SpaYes
Vegetationmature landscaping, trees/landscaped
Water Sourcesee remarks, well
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Fruitville Elementary
Middle School McIntosh Middle
High School Sarasota High

Steven Pugh

Broker Associate | Team Leader
Price $550,000
MLS#TB8435168
List Date 10/10/2025
Property Type Single Family
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